Sir,
Sir I want to know whether cash payment in excess of Rs. 10000 can be allowable in case of land development charges. Say for example I was incurred Rs. 30000 by cash for JCB Work on my land. Whether this can be allowable.
We have paid GST on Imported Material on RCM Basis. Whether we can claim refund of GST Paid on RCM Basis ??
dear sir
Which ITR should be filed for income received from commission 194H ???
And witch head ????
please suggest me
Regards
Madhu M
Can a Proprietorship firm doing Software Development business with 20+ employees file returns under section 44AD?
Turnover is less than 2 Cr.
Will it be considered a profession under 44ADA? or can it be considered 44AD as a business?
If 44AD, and if books of accounts are NOT maintained, then how will one answer in case of any query from department?
CAN A NRI BECOME A MEMBER OF A SOCIETY WHICH HAS AGRICULTURAL LAND IN INDIA OR IS IT PROHIBITED AS PER FEMA REGULATIONS OR SOCIETY ACT ? DOES IT APPLY TO TRUST AS WELL?
Is savings bank interest earned on NRE account is taxable? If such interest amount reflected in AIS, whether the same needs to be considered?
One of my client retired on 15-06-2018. He got leave encashment amounting to Rs.11,00,000. His basic salary + DA is Rs.3860.00 per day / Rs.1,17,417.00 per month. Please let me know his eligibility which is exempt from Taxable income. Kind Regards
Respected Sir,
As per the income tax portal the ITR-6 filed for the Ay 20-21 is still lying under processing. ITR was verified as on 31-12-2020. How long it will take for processing ?
Please guide me and oblige.
A hospital appoints a contractor to provide all necessary medical services with respect to cardiology department . If the payment to such contractor is made at a percentage of fees collected from the heart patients treated therein; then under what section TDS need to be deducted (194J OR 194C) ?????????
Moreover , they are also paid 80% of pharmacy profit on IP Pharmacy sale to cardiology department.
Whether TDS need to be deducted on such payment or not ??????????
Kindly give a detailed solution....
Thanks in adavnce
Land Development Charges